You are viewing a single comment's thread from:
RE: I am Highly Disappointed with the Crypto Currency World and the Rise of the Banker Coin Ripple.
Was on Polo browsing the troll box last night and someone was FALSELY comparing STEEM's inflation rate of 11% to Ripple's 0% "fixed supply". Yet they conveniently left out that Ripple had increased their coin/token supply 3x's over the years... from what I recollect and I'm sure that equates WAY over a 11%/yr inflation.
I've stayed far away from Ripple due to it's centralized nature and MASSIVE dev account holdings!
They just dumped a bunch more on the market the other day. The supply did not increase but the available supply did. Someone was looking for a payout.
The main issue is the huge influx of "dumb money" into the Crypto space right now.
The Polo Troll box shows this...
The money coming in now is anything but dumb. Have a look at my recent post to get a different perspective